Plan Ledger DOL Form 5500 · updated monthly

Restoration Parts Unlimited, Inc401(k)

RESTORATION PARTS UNLIMITED, INC 401(K) PLAN · LEBANON, OH · plan year 2022

Reported admin expense ratio · 2022
1.63%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Restoration Parts Unlimited, Inc reported $66,368 in plan administrative expenses for 2022: 1.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $954 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 1.63% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Ohio (2,748th of 3,295), and 681st of 786 in management of companies. In 2022, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,682,900
Participants with balances189
Active participants151
Employer contributions$144,060
Employee contributions$375,237
Employer contribution per active participant$954
Average account balance$19,486
Benefits paid to participants$510,139
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & CO. LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 100 accts · $73K emplr
2023$3.7M · 149 accts · $136K emplr
2022$3.7M · 189 accts · $144K emplr
The Restoration Parts Unlimited, Inc 401(k) match · 2022
Employer contribution per active participant$954
Median for plans this size$1,114
2024$1,355 per active participant
2023$1,190 per active participant
2022$954 per active participant

Restoration Parts Unlimited, Inc's 2022 employer contribution ran below the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ADP, LPL Financial
2023ADP, LPL Financial

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Administrative cost history3
2024$30,408 · 0.89%
2023$50,454 · 1.37%
2022$66,368 · 1.63%
Same employer
Similar plansManagement of Companies · Ohio
Litter Corporation, Inc. OH$8.1M · 0.12%
Tahoma Enterprises, Inc. OH$4.6M · 0.65%
Frickers USA, LLC OH$4.5M · 0.68%
Trades Holding Co., LLC OH$3.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383886598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.